Germany: Golden Years for German Workers

Higher wages, more offers: according to leading experts, Germany is experiencing a new miracle in the labor market.

The reason is the aggravating shortage of qualified personnel. The German Association of Cities expects 230,000 teachers and 300,000 nurses to be recruited in clinics, nursing homes and kindergartens alone in the coming years.

“German workers have great job prospects in the next few years,” says economist professor Lars Feld of the University of Freiburg. – reports “For the first time since the 1960s, we can again achieve full employment with an unemployment rate of 3 to 4 percent.”

The lack of staff is already being felt. 80% of restaurants have too few employees, and there are not enough 250,000 qualified employees. According to the Employment Agency, it currently takes an average of 207 days to fill a vacant plumber position.

Professor Feld predicts that due to the situation, salaries will also rise. Ifo President, Professor Clemens Fuest: “The lack of skilled workers will lead companies to pay higher wages and even more than today in terms of working hours, conditions must meet the wishes of the specialists.”

And it’s especially gratifying that even unskilled workers are desperately needed. For example, in catering or logistics as truck drivers.

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Source: Все материалы – Московский Комсомолец by

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